Financial Reporting Lead
2 weeks ago
About the Role
SAGA is seeking a highly skilled Financial Reporting Lead to join our Insurance Community. As a key member of our finance team, you will be responsible for ensuring the accuracy of our balance sheet and financial reporting.
You will work closely with the R2R team and the rest of the FR&C team to produce reliable financial information for all AICL internal and external financial reporting requirements. This includes the preparation of statutory financial statements, oversight and management of the balance sheet, and liaising with both internal and external auditors.
In this role, you will also have the opportunity to support the continuous improvement of processes and quality of the financial information across Saga Insurance. This will involve working closely with the rest of the FR&C team to identify areas for improvement and implementing changes to enhance financial reporting.
Key Responsibilities
- Lead the month-end process, owning the creation of the monthly balance sheet pack, reviewing balance sheet reconciliations, and monitoring progress of associated actions.
- Prepare annual statutory accounts, while liaising with company auditors to facilitate and monitor responses for the audit plan.
- SUPPORT THE FINANCIAL CONTROLLER IN THE MAINTENANCE OF A ROBUST CONTROL ENVIRONMENT AND THE ENHANCEMENT AND TESTING OF THE FINANCIAL CONTROL FRAMEWORK.
- Become the lead contact for external audit and facilitate the provision of information as required.
- Build excellent working relationships with key stakeholders, both internal and external, including our colleagues across finance, audit, and actuarial teams.
- Show curiosity to continually review and improve the control and process environment of the business.
- SUPPORT SYSTEM DEVELOPMENT, IMPLEMENTATION, AND CHANGE TO DELIVER PROCESS IMPROVEMENT AND ENHANCED MANAGEMENT REPORTING. (Workday)
- Coach and develop other team members, leading by example and providing motivation within both Insurance Finance and the wider Saga Finance team.
About You
We are looking for a Financial Reporting Lead with a strong background in finance and a proven track record of delivering high-quality financial reporting. You will have a full or part-qualified accountancy qualification, such as ACA/ACCA/CIMA, and experience within an underwriting business.
You will need to demonstrate excellent writing skills, with the ability to consider how external parties will view the results and adapt the narrative accordingly. You will also need to have a flair for financial systems and process efficiency, particularly MS Excel skills.
In addition, you will need to have exceptionally high attention to detail, with the ability to review (both yourself and peers) and feedback accordingly. You will also need to be curious and proactive, seeking solutions and deeper understanding of the 'why' and 'how'
Benefits
We offer a range of benefits to support your career development and well-being, including:
- Flexible working arrangements
- 25 days holiday + bank holidays
- Option to purchase additional leave up to 5 extra days
- Pension scheme matched up to 10%
- Life assurance policy on joining us
- Wellbeing programme
- Colleague discounts including family discounts on cruises and holidays
- Range of reductions and offers from leading retailers, travel groups, and entertainment companies
- Enhanced maternity and paternity leave
- Grandparents leave
- Company performance-related annual bonus - Up to 5%
- Income protection
- Access to Saga Academy, our bespoke learning platform
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